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10 Feb 2017

Infosys boardroom war: Narayana Murthy flags 'huge' severance pay, governance issues

The rift between founders and the board of Infosys came to the fore on Friday with co-founder N R Narayana Murthy raising questions about the "huge" severance package of Rs 23 crore paid to its former CFO, leading to disquiet among employees and investors.

25 Jun 2015

Government proposes major overhaul of labour laws

In the biggest overhaul of labour laws, the government proposes to loosen strict hire-and-fire rules, make it tougher for workers to form unions as well as raise by three times the severance package to protect employee interest, Labour Minister Bandaru Dattatreya has said.

23 Dec 2014

Foxconn offers severance package Chennai plant workers

As the stand-off between employees and Taiwan-based Foxconn continued over suspension of production at its plant here, the management has notified that it would offer severance package or VRS to workers.

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